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Defined Benefit Pensions: Still the Best Bang for the Buck (PDF)
National Institute on Retirement Security [NIRS]
[Opinion] Oct. 24, 2013 [A recent TIAA-CREF/Arnold Foundation paper] fails to offer a concrete cost analysis that supports their assertion that DC plans provide benefits at a cost equivalent to that of DB plans. NIRS stands by our research. The structural DB cost advantages quantified in [the 2008 NIRS Study] 'A Better Bang for the Buck' -- derived from well-documented research on investment returns, fees, and asset allocation -- remain valid based on current data about DB and DC plan features and performance." MORE >> |
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